Several candidates have been publicly identified to serve as the next chair of the Federal Reserve, with current Chair Jerome Powell‘s term coming to an end in May.
Treasury Secretary Scott Bessent told CNBC’s Sara Eisen in October that he would give President Donald Trump “three or four candidates for him to interview” shortly after Thanksgiving.
Trump, however, told reporters in the Oval Office on Tuesday that “I think I already know my choice,” multiple outlets reported.
It’s expected that the nominee will first be appointed as a Federal Reserve governor before later being nominated as chair. Although details ⇒
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